Africa-focused Fin Tech Company Flutterwave Now Valued At $1Billion

An Africa-focused fin tech company, Flutterwave dropped a bombshell and announced on Wednesday that they secured $170 million from a leading group of international investors to expand its customer base in existing and international markets and to develop new products.

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Alibaba’s revenue growth eases in second quarter

E-commerce giant Alibaba said second-quarter revenue growth slowed to 40 percent on-year Friday, although net profits more than tripled thanks in part to a one-time payment from a Fintech affiliate. Total revenue was 119 billion yuan ($16.9 billion), with growth down from 42 percent in the April-June period and 54…

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